Transport Services Market Report 2026

The transport services market size has grown strongly in recent years. It will grow from $8.71 trillion in 2025 to $9.36 trillion in 2026 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to expansion of domestic and international trade flows, growth of organized logistics networks, rising demand for warehousing and storage services, increased outsourcing of transport operations, expansion of refrigerated goods transport.

The transport services market size is expected to see strong growth in the next few years. It will grow to $12.77 trillion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing investments in smart logistics infrastructure, rising demand for end-to-end transport visibility, expansion of e-commerce driven transport services, growing focus on sustainable logistics operations, increasing adoption of automation in warehousing and transport. Major trends in the forecast period include increasing adoption of integrated logistics and transport platforms, rising demand for multimodal transport services, growing expansion of cold chain and specialized warehousing, enhanced focus on route and capacity optimization, increasing deployment of digital freight management.

The growth of the transport services market is expected to be significantly influenced by the rise of e-commerce. E-commerce, or electronic commerce, involves the buying and selling of goods and services via the internet or other electronic communication platforms. Transportation services play a vital role in e-commerce by ensuring efficient product delivery, broadening market reach, and enhancing customer convenience, all of which are essential for sector growth. For example, in August 2024, the United States Census Bureau, a government agency, reported that U.S. retail e-commerce sales, adjusted for seasonal variation, reached $291.6 billion in Q2 2024, representing a 1.3% increase from Q1 2024. Total retail sales were estimated at $1.82 trillion, reflecting a 0.5% increase from the previous quarter. Year-over-year, e-commerce sales grew by 6.7%, while total retail sales increased by 2.1%. E-commerce accounted for 16% of total sales. On an unadjusted basis, e-commerce sales for Q2 2024 were $282.3 billion, which is 15.2% of total sales. Thus, the rise of e-commerce is a driving force behind the transport services market.

Companies are actively embracing electricity as a power source for buses as part of their initiatives to reduce carbon emissions and decrease operational costs. Electric buses powered by lithium batteries are gaining popularity, with some utilizing solar panels installed on the bus roof for additional charging. This not only enhances the fuel efficiency of the vehicle but also prolongs the lifespan of lithium batteries. Moreover, the technology involves low-maintenance components, contributing to cost savings for these companies. Key players in the electric bus manufacturing sector include Kiira Motors, BYD Company, Heilongjiang Qiqiar New Energy Automobile Co., Ltd., Bauer's Intelligent Transportation, Yutong, and Volvo buses.

In June 2023, National Express Transport Solutions, a UK-based transport solutions provider, collaborated with Liftango to introduce Trio, an innovative technology for passenger transport that aims to transform the landscape of shared mobility solutions. This collaboration leverages the extensive scale and transport management expertise of National Express Transport Solutions, integrating it with Liftango's data-driven technology platform. The platform encompasses demand-responsive transport (DRT) technology, passenger applications, and management information. Trio utilizes advanced modeling techniques to analyze travel patterns and address transport inequalities, delivering a customized solution with sustainability as a core focus. Liftango, based in Australia, is a provider of on-demand shared transport systems.

Major companies operating in the transport services market are Amazon.com Inc., China Railway Corporation, Cargill Incorporated, United Parcel Service Inc., DHL Group, Deutsche Post AG, FedEx Corporation, A.P. Moller-Maersk A/S, Maersk, United States Postal Service, CMA CGM Group, COSCO Shipping Group, Kuehne + Nagel International, SF Express Co. Ltd., Hapag-Lloyd AG, DSV A/S, Indian Railways, JSC Russian Railways, Nippon Express Co. Ltd., Expeditors International, Kerry Logistics, DB Schenker, Bollore Logistics, XPO Inc., Hellmann Worldwide Logistics, Kintetsu World Express, NFI Industries Inc., Agility, HNA Technology Co. Ltd.

Asia-Pacific was the largest region in the transport services market in 2025. Western Europe was the second largest region in the transport services market. The regions covered in the transport services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the transport services market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The transport services market includes revenues earned by entities by transporting goods and people from one location to another for an amount or fee to improve the economy of the particular country. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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